{"id":78035,"date":"2018-01-26T11:21:27","date_gmt":"2018-01-26T04:21:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/goodluck-garden-up-for-en-bloc-sale-owners-expect-offers-above-550mil\/"},"modified":"2018-01-26T12:06:06","modified_gmt":"2018-01-26T05:06:06","slug":"goodluck-garden-up-for-en-bloc-sale-owners-expect-offers-above-550mil","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goodluck-garden-up-for-en-bloc-sale-owners-expect-offers-above-550mil\/","title":{"rendered":"Goodluck Garden up for en bloc sale, owners expect offers above $550mil"},"content":{"rendered":"


\nGoodluck Garden, a freehold condominium site along Toh Tuck Road, has been put up for collective sale, with the owners expecting offers above their $550 million reserve price, revealed marketing agent Knight Frank Singapore.
\n\u201cIncluding an additional estimated development charge of approximately $63.2 million (subject to verification and confirmation with the relevant authorities on the development baseline) payable for the intensification of the site to the maximum GFA, this translates to a land rate of approximately $1,216 psf ppr,\u201d it said.
\nGoodluck Garden comprises eight blocks with 208 residential units and two commercial shops. The apartment sizes range between 95 sq m and 182 sq m, while the two shops measure 30 sq m and 91 sq m, respectively.
\nZoned for residential use under the 2014 Master Plan, the 33,457.2 sq m site has a gross plot ratio of 1.4.
\n\u201cThis translates to a maximum gross floor area (GFA) of approximately 504,182 sq ft, and based on average size of 753 sq ft, can potentially yield 669 new units in the new development,\u201d noted Knight Frank.
\nSituated near Beauty World MRT Station, Goodluck Garden is a five-minute drive to the Jurong Lake District and a 25-minute drive to the CBD.
\nNearby schools include Pei Hwa Presbyterian Primary School, Bukit Timah Primary School, Bukit View Primary School, Methodist Girls\u2019 School (Primary), Keming Primary School, Ngee Ann Polytechnic as well as the Singapore University of Social Science.
\nThe tender for Goodluck Garden will close on 7 March.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Goodluck Garden up for en bloc sale, owners expect offers above 0mil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Goodluck Garden, a freehold condominium site along Toh Tuck Road, has been put up for...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-78035","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-kiD","jetpack-related-posts":[{"id":82336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goodluck-garden-sold-to-qingjian-for-610m\/","url_meta":{"origin":78035,"position":0},"title":"Goodluck Garden sold to Qingjian for $610m","date":"March 9, 2018","format":false,"excerpt":"\r The freehold site off Upper Bukit Timah is close to Beauty World MRT station. (Photo: Knight Frank) Goodluck Garden, a 210-unit freehold condominium along Toh Tuck Road, has been sold through a collective sale to Chinese developer Qingjian Group for $610 million, which is about 10 percent above the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84640,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/perennial-and-qingjian-to-jointly-redevelop-goodluck-garden\/","url_meta":{"origin":78035,"position":1},"title":"Perennial and Qingjian to jointly redevelop Goodluck Garden","date":"April 5, 2018","format":false,"excerpt":"\r The freehold site off Upper Bukit Timah is close to Beauty World MRT station. (Photo: Knight Frank) Perennial Real Estate Holdings has formed a 40-60 joint venture with China-based Qingjian Group to jointly redevelop the Goodluck Garden residential site at Toh Tuck Road off Upper Bukit Timah. This marks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84564,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/perennial-and-qingjian-to-jointly-develop-goodluck-garden\/","url_meta":{"origin":78035,"position":2},"title":"Perennial and Qingjian to jointly develop Goodluck Garden","date":"April 5, 2018","format":false,"excerpt":"\r The freehold site off Upper Bukit Timah is close to Beauty World MRT station. (Photo: Knight Frank) Perennial Real Estate Holdings has formed a 40-60 joint venture with China-based Qingjian Group to jointly develop the Goodluck Garden residential site at Toh Tuck Road off Upper Bukit Timah. This marks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82699,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/minbu-villa-joins-en-bloc-frenzy-with-reserve-price-of-145-8m\/","url_meta":{"origin":78035,"position":3},"title":"Minbu Villa joins en bloc frenzy with reserve price of $145.8m","date":"March 14, 2018","format":false,"excerpt":"\r Completed in 1981, Minbu Villa comprises 33 apartments and a penthouse. (Photo: Savills Singapore) Minbu Villa, a 10-storey freehold residential development in Novena, has been launched for collective sale, said marketing agent Savills on Wednesday (14 Mar). The reserve price of $145.8 million works out to a land rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64146,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/normanton-park-launched-for-sale-owners-expecting-above-800m\/","url_meta":{"origin":78035,"position":4},"title":"Normanton Park launched for sale, owners expecting above $800m","date":"August 21, 2017","format":false,"excerpt":"\r Each owner could receive between $1.6 million and $1.8 million if the sale goes through. (Photo: Knight Frank) \u00a0 \u00a0 The huge Normanton Park site located beside Kent Ridge Park has been launched for collective sale for a second time, marketing agent Knight Frank said on Monday (21 August).\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/green-court-up-for-en-bloc-sale-with-28m-reserve-price\/","url_meta":{"origin":78035,"position":5},"title":"Green Court up for en bloc sale, with $28m reserve price","date":"January 7, 2020","format":false,"excerpt":"\r The three-storey commercial and residential development comprises three ground floor shops as well as six two-storey walk-up apartments on the second level. Green Court, a freehold mixed-use development situated along Geylang Road, is up for en bloc sale. The owners are expecting offers above their $28 million reserve price,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78035"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=78035"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78035\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=78035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=78035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=78035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}